HDFC Asset Management Management
Management criteria checks 3/4
HDFC Asset Management's CEO is Navneet Munot, appointed in Feb 2021, has a tenure of 3.83 years. total yearly compensation is ₹84.75M, comprised of 54% salary and 46% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth ₹93.27M. The average tenure of the management team and the board of directors is 1.7 years and 6.2 years respectively.
Key information
Navneet Munot
Chief executive officer
₹84.8m
Total compensation
CEO salary percentage | 54.0% |
CEO tenure | 3.8yrs |
CEO ownership | 0.01% |
Management average tenure | 1.7yrs |
Board average tenure | 6.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | ₹22b |
Jun 30 2024 | n/a | n/a | ₹21b |
Mar 31 2024 | ₹85m | ₹46m | ₹19b |
Dec 31 2023 | n/a | n/a | ₹18b |
Sep 30 2023 | n/a | n/a | ₹17b |
Jun 30 2023 | n/a | n/a | ₹16b |
Mar 31 2023 | ₹78m | ₹44m | ₹14b |
Dec 31 2022 | n/a | n/a | ₹14b |
Sep 30 2022 | n/a | n/a | ₹14b |
Jun 30 2022 | n/a | n/a | ₹14b |
Mar 31 2022 | ₹74m | ₹41m | ₹14b |
Dec 31 2021 | n/a | n/a | ₹14b |
Sep 30 2021 | n/a | n/a | ₹14b |
Jun 30 2021 | n/a | n/a | ₹14b |
Mar 31 2021 | ₹33m | ₹5m | ₹13b |
Compensation vs Market: Navneet's total compensation ($USD1.00M) is about average for companies of similar size in the Indian market ($USD1.07M).
Compensation vs Earnings: Navneet's compensation has been consistent with company performance over the past year.
CEO
Navneet Munot (53 yo)
3.8yrs
Tenure
₹84,750,644
Compensation
Mr. Navneet Munot, CFA, has been Managing Director, Chief Executive Officer and Director of HDFC Asset Management Company Limited since February 16, 2021. He served as the Chief Investment Officer at SBI F...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD, CEO & Director | 3.8yrs | ₹84.75m | 0.010% ₹ 93.3m | |
Chief Financial Officer | 2.8yrs | no data | no data | |
Head of Operations | no data | no data | 0.023% ₹ 212.9m | |
Chief Investment Officer | no data | no data | no data | |
Head of PMS Sales | no data | no data | no data | |
Chief Compliance Officer | no data | no data | no data | |
Head of Legal & Company Secretary | less than a year | no data | no data | |
Senior Vice President and Head of Sales and Distribution | no data | no data | no data | |
Chief Digital & Marketing Officer | less than a year | no data | no data | |
Executive VP & Head of Human Resources | no data | no data | 0.023% ₹ 209.3m | |
Head of Fixed Income | no data | no data | 0.096% ₹ 875.1m | |
Head of Equities | no data | no data | 0.036% ₹ 323.7m |
1.7yrs
Average Tenure
56yo
Average Age
Experienced Management: 541729's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD, CEO & Director | 3.8yrs | ₹84.75m | 0.010% ₹ 93.3m | |
Chairman of the Board | 24.4yrs | ₹5.10m | no data | |
Non-Executive Director | 24.4yrs | ₹4.50m | 0.079% ₹ 716.8m | |
Non-Executive Independent Director | 6.2yrs | ₹5.20m | no data | |
Non-Executive Independent Director | 6.2yrs | ₹5.00m | no data | |
Additional Non-Executive Independent Women Director | 5.7yrs | ₹3.30m | no data | |
Non-Executive Independent Director | 5.9yrs | ₹4.30m | no data | |
Non-Executive Independent Director | 6.2yrs | ₹5.30m | no data | |
Additional Non-Executive Non-Independent Director | less than a year | no data | no data |
6.2yrs
Average Tenure
60.5yo
Average Age
Experienced Board: 541729's board of directors are considered experienced (6.2 years average tenure).